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2141 FRASER AVENUE, Port Coquitlam

$1,149,900

This 4,026 sqft property in Port Coquitlam is a detached single-family home on a lot the new rules make suitable for a multiplex. Port Coquitlam applies the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. The flat terrain keeps building costs predictable.

Welcome to 2141 Fraser Ave, an exceptional investment opportunity! This FULLY UPDATED 2 bed 1 bath, 819 sqft. rancher sits on a 4,026 sqft. lot already zoned for low-rise apartments, offering outstanding future redevelopment potential. Buy and hold as an investment, or move in & enjoy while waiting for a future land assembly. Over $100,000 has been invested in quality updates, including new flooring, appliances, paint, blinds, electrical, lighting & a fully rebuilt detached garage. The functional layout features a spacious living area, a generous primary bedroom, and a beautifully updated kitchen. Enjoy a great-sized, fully usable yard with convenient lane access. Ideally located with easy access to major routes, transit, SkyTrain, West Coast Express, shopping, and everyday amenities.

How this price compares

This lot asks $286 per square foot of lot. That is 58% above the median of $180 across the 97 active lots VanPlex is showing in Port Coquitlam, and puts it 83 of 97 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.

Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.

Lot and property details

Price
$1,149,900
Lot size
4,026 sqft
Lot dimensions
33 x 122
Frontage
33 ft
Bedrooms
2
Bathrooms
1
Year built
1962
MLS® area
Glenwood PQ
MLS® number
R3143450

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Listing data via MLS®. Displayed for information only.